Canada Goose cut its full-year forecast for sales and profit after reporting that the coronavirus is “having a material negative impact” on results. Read more
HanesBrands, the parent of Champion, announced record operating cash flow for the fourth-quarter and full-year 2019 and strong diluted earnings per share growth. Read more
Descente reported sales in the nine months ended December 31 slipped 8.0 percent to ¥92.9 billion ($845 mm). Read more
Vans opened its first community-driven retail and event space in downtown Los Angeles. Read more
Mayweather Boxing + Fitness, the group fitness and boxing experience created by World Champion boxer Floyd Mayweather, signed 135 franchise locations within 18 months of rolling out the franchise program. Read more
TripHero announced a partnership with Alterra Mountain Company. Read more
Outdoor Industry Association (OIA) on Thursday announced Lise Aangeenbrug as its new executive director. She replaces Amy Roberts, who left OIA last fall to join The North Face. Read more
Firearms background checks, as adjusted by the NSSF, reached 1.17 million in January against 988,160 in January 2019, a gain of 18.6 percent. Read more
Coros Wearables Inc., the maker of GPS watches, introduced six new road runners to its pro athlete team led by two-time Olympian and 2018 Boston Marathon Champion Des Linden. Read more
The Buckle Inc. announced that comparable store net sales, for stores open at least one year, for the 4-week period ended February 1, 2020, increased 7.4 percent. Read more
Topgolf Entertainment Group announced plans to open a second Topgolf venue in Charlotte, NC. Read more
Nike stirred controversy once again with Wednesday’s drop of the Air Zoom Alphafly Next%. Read more
Pioneer, the cycling power meter specialist, has signed an agreement to transfer its cycle sports business to Shimano. Read more
Nike Inc. announced it is transitioning its Nike Brand business in Brazil, Argentina, Chile and Uruguay to strategic distributor partnerships, enabling a more profitable, capital-efficient and value-accretive business model. Read more
Under Armour Inc. on Wednesday announced that Colin Browne has been appointed COO and Paul Fipps has been named chief experience officer (CXO), a newly created position. Read more
Topgolf Entertainment Group on Wednesday announced a new venue concept featuring an open, single-floor design. Read more
The Women’s Sports Foundation (WSF), a coalition of champion WSF Athlete Ambassadors, advocates and girls from WSF’s community programs, united Wednesday on Capitol Hill to celebrate the 34th annual National Girls & Women in Sports Day (NGWSD). Read more
Rad Power Bikes, a Seattle-based ebike brand, closed $25 million in funding led by Vulcan Capital and Durable Capital Partners LP. Read more
Frampton, Quebec-based Esquif Canoes announced this week that David Hadden will join the company in the newly created role of director of business development. Read more
Mammoth Coolers announced that they now have nationwide sales representation coverage. Read more
Mizuno signed Ronda Rousey as the newest addition to the Mizuno roster of athletes in North America. She had been with Reebok. Read more
Comcast Ventures, the venture capital affiliate of Comcast Corporation, announced Andre Iguodala has joined its Catalyst Fund as a venture partner. Read more
Private equity firm Bluestar Alliance LLC (BSA) on Wednesday unveiled its plans to “rebuild Hurley’s core infrastructure and has poised the brand for exceptional growth,” the company said. Read more
Fjällräven, the Swedish heritage outerwear brand since 1960, will celebrate the grand opening of a new 6,000-square-foot brand center in downtown Denver, CO, this summer. Read more
Royal Robbins announced a new retail concept with stores opening in Denver and Seattle this summer. Read more
Outdoor Industry Association (OIA) announced it has partnered with The University of Colorado, Utah State University and Western Colorado University to offer an Outdoor Industry Business Certificate Program in 2020 through their continuing education departments. Read more
Nautilus Inc. announced the closing of a new five-year $70 million senior secured credit facility, consisting of a new $55 million asset-based revolver and a $15 million term loan with Wells Fargo Bank, NA. Read more
Georgia Gwinnett College in Lawrenceville, GA signed a multi-year apparel partnership with Nike and BSN Sports for the college’s six intercollegiate teams. Read more
L.L.Bean said it plans to lay off 200 employees companywide at the end of February and close its call center in Lewiston, ME, in 2021. Read more
Adidas said it was closing a “considerable” number of its stores in China due to concerns over the coronavirus outbreak, according to a report from Reuters. Read more
Youth, middle school and high school football programs may apply now through March 9 for USA Football’s Equipment Grant Program, offering $1 million in resources to benefit young athletes. Vendor partners include Riddell, Gilman Gear, Shadowman Sports and Catapult. Read more
Olin Corp. reported Winchester‘s sales for the fourth quarter 2019 were $154.7 million compared to $145.5 million in the fourth quarter 2018, a gain of 6.3 percent. Read more
Foot Locker Inc. announced the North America rollout of FLX, its new membership program unifying all Foot Locker brands under one platform. Read more
In the context of the evolving dynamics related to the coronavirus in China, Nike Inc. said it is prioritizing the health and safety of its store associates and partners, in cooperation with local authorities. Read more
Baseball Express, the oldest continuously operating online baseball store in the country, is celebrating its 30th Anniversary in business in 2020. Read more
Oros, the outerwear start-up based in Portland, OR, has opened a pop-up in Chicago. Read more
Boot Barn Holdings Inc. on Tuesday announced net income per diluted share for the fiscal third quarter ended December 28, 2019, of 81 cents, one cent shy of Wall Street’s estimates for the period. Read more
In advance of its Investor Day later this week, Macy’s Inc. on Tuesday announced an updated strategy and three-year plan designed to stabilize profitability and position the company for growth. Read more
Yeti Holdings Inc. announced its board of directors has appointed gaming and interactive entertainment executive Frank Gibeau as an independent director, effective January 30, 2020. Read more
Planet Fitness Inc. this week announced the appointment of Enshalla Anderson to its board of directors, effective immediately. Additionally, the company has announced internal senior leadership appointments. Read more
Dick’s Sporting Goods announced its 2020 Women’s Initiative highlighted by The Dick’s Foundation’s $5 million grant to U.S. Soccer Foundation’s ‘United for Girls’ Initiative. The retailer has also become the Official Sporting Goods Retailer of USA Softball. Read more
Gunner Kennels announced Joe Graves as CEO. Read more
According to Fanatics, sales of Super Bowl championship merchandise across the Fanatics network of sites are up more than 70 percent year-over-year following the Kansas City Chiefs win. Read more
Garmin International Inc. signed a three-year deal to become a sponsor of the Bassmaster Tournament Trail. Read more
VF Corp. will move its Global Innovation Center in Alameda, CA, to Denver, according to the Denver Business Journal. Read more
Skechers has partnered with Jamie Redknapp, the former Liverpool and England soccer star, to support its growing business in the UK and other European markets. Read more
Peloton announced that it has settled its patent infringement litigation against Flywheel Sports Inc. Read more
CCM Hockey announced the acquisition of Step Skating Blades Inc., the maker of Step Steel skate blades. Read more
Snowsports Industries America (SIA) announced the finalization of its acquisition of the Denver and Boston Ski and Snowboard Expos from BEWI Production Inc. and the launch of the re-branded events as Snowbound. Read more
French/West/Vaughan (FWV), the public relations, advertising and digital marketing agency based in Raleigh, NC, acquired CGPR, the long-standing PR and marketing agency for the active lifestyle market Founded by industry veteran Chris Goddard. Read more
Life is Good announced a three-year partnership extension with Austin Adventures, the tour service, and High Sierra and American Tourister, Samsonite’s adventure and lifestyle luggage brands. Read more
Emerald Expositions Events Inc., the parent of Surf Expo, Outdoor Retailer and other trade shows, unveiled a rebranding, including a formal name change to Emerald Holding Inc. Read more
Kohl’s has appointed Yael Cosset to its board of directors. Read more
Delta Apparel Inc. reported sales in the first quarter ended December 28 fell 5.7 percent due to declines at Delta Group segment and Salt Life Group. Net income was down slightly excluding non-recurring charges in the year-ago period. Read more
Nautilus Inc. announced that Octane Fitness has hired veteran Matt Santos as the territory manager for Texas, Oklahoma, Louisiana, Arkansas, and Mississippi. Read more
Dick’s Sporting Goods will expand its nationwide footprint with the opening of two Dick’s Sporting Goods stores, one including a Golf Galaxy, in February. The stores are in Tyler, TX and Birmingham, AL. Read more
Canada Goose announced that supermodel, actress and Polar Bears International (PBI) Ambassador, Kate Upton, has been signed on as a Goose Person. Read more
Researchers at the nonprofit Global Wellness Institute (GWI), revealed new U.S. data from its recent study: “Move To Be Well: The Global Economy of Physical Activity.” Read more
VF Corp. announced the commencement of cash tender offers for a combined $750,000 in notes. Read more
JCPenney announced the appointment of six vice presidents, including a vice president of business development, chief customer officer, vice president of marketing, and vice president of customer engagement and insights. Read more
S&P Global Ratings affirmed the ratings of Canadian Tire Corp. Ltd. at ‘BBB+’ due to expectations management will focus on improving debt leverage. The ratings outlook is stable. Read more
CBD Universe, a private label manufacturer and distributor in the hemp industry, and Spyder, the ski and performance brand, have partnered to create a hemp-infused product line built for an active lifestyle. Read more
USA Football, the sport’s national governing body and a member of the U.S. Olympic & Paralympic Committee, and Pop Warner Little Scholars Inc., the nation’s oldest youth football, cheer and dance organization, announced a multi-layered partnership benefiting youth football families. Read more
Authentic Brands Group (ABG), owner of the Sports Illustrated brand, announced a strategic partnership with Sentia Wellness, a distributor of CBD-infused wellness products to produce and distribute Sports Illustrated and Sports Illustrated Swim-branded CBD-infused topicals. Read more
Cascade Maverik Lacrosse has signed a new multi-year partnership agreement with US Lacrosse, the U.S. men’s and women’s national teams and the National Team Development Program (NTDP). Read more
Stein Mart Inc. entered into a definitive merger agreement under which an affiliate of Kingswood Capital Management, L.P. will acquire all of the outstanding common stock of Stein Mart not already beneficially owned by affiliates of Jay Stein, Stein Mart’s former CEO and current chairman of the Board of Directors, for 90 cents per share in cash. Read more
Photo courtesy Canada Goose/Branta Ltd. Edition Collection
